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(PRAKASH) Prakash Industries complete technical analysis [charts+indicators] | Buy/Sell Prakash Industries | (PRAKASH) share price targets

Complete technical analysis of Prakash Industries (PRAKASH) by charts plus indicators, forecast predictions and share price targets for Prakash Industries (PRAKASH)

Prakash Industries trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Prakash Industries is 2657616

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	219.85	220.50	224.72	218.41	0.393 times
04 Wed Sep 2024	218.63	214.00	221.70	212.50	0.352 times
03 Tue Sep 2024	216.42	220.00	220.90	215.00	0.29 times
02 Mon Sep 2024	219.88	222.20	223.79	215.19	0.574 times
30 Fri Aug 2024	221.09	228.80	230.59	220.00	0.383 times
29 Thu Aug 2024	226.72	225.50	232.20	220.21	0.936 times
28 Wed Aug 2024	224.42	233.00	234.80	223.16	0.835 times
27 Tue Aug 2024	231.40	234.00	237.00	228.55	1.287 times
26 Mon Aug 2024	230.88	210.70	234.80	210.00	3.521 times
23 Fri Aug 2024	208.32	205.00	216.45	205.00	1.351 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 224.1 as stoploss in an intra day sell trade for a target of 205.39. However, stock will show a bullish move above 224.1.

Share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Target	138.00
Downside Target	150.65
Downside Target	169.14
Downside Target	173.00
Downside Target	179.45
Downside Target	185.00
Downside Target	196.66
Downside Target	210.00
Downside Target	212.50
Downside Target	216.45
Upside Target	224.72
Upside Target	237.00

Intraday share price targets for Prakash Industries (PRAKASH)

Target Type	Value
Downside Intraday Target	213.33
Downside Intraday Target	206.8
Upside Intraday Target	225.55
Upside Intraday Target	231.24
Downside Intraday Target	219.02

Weekly technical analysis of Prakash Industries (PRAKASH)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	219.85	222.20	224.72	212.50	0.231 times
30 Fri Aug 2024	221.09	210.70	237.00	210.00	1.269 times
23 Fri Aug 2024	208.32	186.40	216.45	186.40	3.84 times
16 Fri Aug 2024	185.68	178.98	187.99	173.00	1.007 times
09 Fri Aug 2024	178.24	183.60	185.00	169.14	0.724 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Prakash Industries (PRAKASH)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	219.85	222.20	224.72	212.50	0.1 times
30 Fri Aug 2024	221.09	195.61	237.00	169.14	1.251 times
31 Wed Jul 2024	195.28	184.05	212.00	175.55	1.841 times
28 Fri Jun 2024	183.94	165.55	196.66	138.00	1.642 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prakash Industries (PRAKASH)

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Prakash Industries ( (PRAKASH) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Prakash Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Prakash Industries in short term and the buy signal is strong.

Prakash Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Prakash Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 224.63 and Prakash Industries (PRAKASH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Prakash Industries (PRAKASH) stock. Volume based technical analysis of Prakash Industries (PRAKASH) stock is negative.

Prakash Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.